401k 2024 Tax Year Limitations
401k 2024 Tax Year Limitations. Starting in 2024, individuals under the age of 50 will be able to contribute up to $23,000 annually to their 401 (k) accounts, a significant increase from the previous. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;
What is the 401(k) contribution limit in 2024? Retirement limits, tax brackets and more.